Loan balance transfer calculator.
Check whether a lower rate offsets processing charges and a new term.
Loan balance transfer inputs
Fees are paid upfront. Horizon savings compare cumulative payments plus outstanding principal on both loans. Break-even is the first non-negative month, not a promise that all later months remain beneficial. Fixed rates; no tax, insurance, cash-out or opportunity-cost effects.
View detailed breakdown
| Month | Net savings including remaining debt |
|---|---|
| 1 | -₹5,625.00 |
| 12 | -₹1,501.86 |
| 24 | ₹2,988.89 |
| 36 | ₹7,466.57 |
| 48 | ₹11,924.79 |
| 60 | ₹16,356.39 |
| 72 | ₹20,753.37 |
| 84 | ₹25,106.82 |
| 96 | ₹29,406.81 |
| 108 | ₹33,642.32 |
| 120 | ₹37,801.11 |
| 132 | ₹41,869.66 |
| 144 | ₹45,832.99 |
| 156 | ₹49,674.58 |
| 168 | ₹53,376.21 |
| 180 | ₹56,917.80 |
| 192 | ₹60,277.29 |
| 204 | ₹63,430.38 |
| 216 | ₹66,350.44 |
| 228 | ₹69,008.21 |
| 240 | ₹71,371.64 |
| 252 | ₹73,405.62 |
| 264 | ₹75,071.72 |
| 276 | ₹76,327.91 |
| 288 | ₹77,128.24 |
| 300 | ₹77,422.53 |
How this loan balance transfer calculator works
Transfer comparisons should include the old loan exit charge and the new loan processing or closing costs. Enter their total as fees, choose whether they are financed, and compare at the date when you expect to repay or reassess the loan.
A worked example
If a transfer reduces the payment by 100 but costs 3,000 upfront, payment-only break-even suggests 30 months. Remaining debt can change that conclusion when terms differ, which is why this tool includes it.
Does a negative savings number mean the transfer costs more?
Yes, under the stated assumptions and horizon. It does not include taxes, insurance changes, cash-out proceeds or the opportunity cost of paying fees upfront.
References and further reading
Calculations run on your device. Review your results before exporting or sharing them.